26
Oct
10:02
Italian scrap prices show signs of increase
Italian scrap prices are moving with the market having turned slightly livelier towards the end of last week. Prices which had been forecast to fall in November by €5/tonne ($5.6/t) are now moving slightly upwards, market sources tell Kallanish.
New contracts are in the process of negotiation and demand remains patchy. Despite some smaller long products mills granting a €5/t increase last week, stocks at scrap merchants remain high due to low dema…
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Anonymous
Very good overview of the weekly steel market.
Anonymous